Bitcoin gained 27% while China tech lost $480 billion over same period
China's tech sector lost $480 billion between July 9 and October 26, while Bitcoin gained 27% over the same period. The divergence highlights bitcoin's growing role as an uncorrelated asset during equity stress, though margin pressure and cross-market selling remain the key contagion risks to watch. Traders will read the comparison as evidence of BTC's diversification appeal, but the note flags that forced deleveraging could still transmit across markets.